Compute trend percentages for each item for 2013 through 2016.Use 2012 as the base...

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Accounting

Compute trend percentages for each item for 2013 through 2016.Use 2012 as the base year and round to the nearest percent.
2. Compute the rate of return on net sales for2014 through 2016. Explain what this means.
3. Compute asset turnover for 2014 through2016. Explain what this means.
4. Use DuPont Analysis to compute rate ofreturn on average total assets? (ROA) for 2014 through 2016.
5. How does AccurateShipping's return on netsales for 2016 compare with previous? years? How does it comparewith that of the? industry? In the shipping?industry, rates above?9% are considered? good, and rates above? 11% are outstanding.
6. Evaluate Accurate ?Shipping, Inc.'s ROA for2016?, compared with previous years and against an? 18% benchmarkfor the industry.
Information to fill in
(In thousands) 2016 2015 2014 20132012
Net Sales.......................................$ 1,000$ 920 $492 $308 $306
Net income................................. 41 34 1139 24
Total assets................................. 300 266262 230 208
Requirement 1. Compute trend percentages foreach item for 2013 through 2016. Use 2012
as the base year and round to the nearest percent.
Accurate Shipping, Inc. - Trend Percentages
2016
2015
2014
2013
2012
Net sales. . . . . . . . . . . . . . .
%
%
%
%
100
%
Net income. . . . . . . . . . . .
%
%
%
%
100
%
Total assets. . . . . . . . . . . . .
%
%
%
%
100
%
Requirement 2. Compute the rate of return onnet sales for
20142014
through
20162016.
Explain what this means.
Begin by selecting the rate of return on net sales? (return on?sales) formula and then enter the amounts to calculate thepercentages. ?(Enter amounts in thousands as provided to you in theproblem statement. Enter? "0" for zero amounts and enter the returnon sales amounts as percentages rounded to? one-tenth percent,?X.X%.)
(
-
) /
=
Return on sales
2014
(
-
) /
=
%
2015
(
-
) /
=
%
2016
(
-
) /
=
%
Explain what this means.
Return on sales measures
?
the ability to collect cash from credit customers.
the amount of net income for each dollar of net sales.
the amount of net sales per dollar invested in assets.
the percentage of a stock's market value returned as dividendsto stockholders.
Requirement 3. Compute asset turnover for
20142014
through
20162016.
Explain what this means.
Begin by selecting the asset turnover formula and then enter theamounts to calculate the ratios. ?(Enter amounts in thousands asprovided to you in the problem statement. Do not round until yourfinal? answer, then enter the asset turnover amounts rounded tothree decimal? places, .XXX.)
/
=
Asset turnover
2014
/
=
2015
/
=
2016
/
=
Explain what this means.
Asset turnover means
?
the ability to collect cash from credit customers.
the amount of net income for each dollar of net sales.
the amount of net sales per dollar invested in assets.
the percentage of a stock's market value returned as dividendsto stockholders.
Requirement 4. Use DuPont Analysis to computerate of return on average total assets? (ROA) for
20142014
through
20162016.
Begin by selecting the ROA formula using the DuPont analysis andthen enter the amounts to calculate the ratio. ?(Enter percentagesrounded to? one-tenth percent,? X.X%. Enter other component ratiosas decimals to three? places, .XXX.)
x
=
ROA
2014
%
x
=
%
2015
%
x
=
%
2016
%
x
=
%
Requirement 5. How does Accurate Shipping'sreturn on net sales for 2016 compare with previous? years? How doesit compare with that of the? industry? In the shipping? industry,rates above? 9% are considered? good, and rates above? 11% areoutstanding.
Accurate ?Shipping's rate of return on net sales for 2016compares ?( unfavorably, favorably) with the industry rate of? 9%.It's 2016 rate of return on net sales has ? (improved,deteriorated)from 2015 and (improved,deteriorated) from 2014.
Requirement 6. Evaluate Accurate ?Shipping,Inc.'s ROA for 2016?, compared with previous years and against an?18% benchmark for the industry. Accurate Shipping's return onassets? (ROA) for 2016 compares ? (unfavorably, favorably) withthe? 18% benchmark for the industry.? It's 2016 ROA has ?(deteriorated, improved) from 2015 and ? (improved,deteriorated)from 2014.

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Requirement 1 Particulars Trend Percentage 2016 2015 2014 2013 2012 Net Sales 100000 327 92000 301 49200 161 30800 101 30600 100 Net Income 4100 171 3400 142 1100 46 3900 163 2400 100 Total Asset 30000 144 26600 128 26200 126 23000 111 20800 100 Trend Percentage Amount for the particular year Amount for the year 2012 Requirement 2 Rate of return on net See Answer

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In: AccountingCompute trend percentages for each item for 2013 through 2016.Use 2012 as the base year...Compute trend percentages for each item for 2013 through 2016.Use 2012 as the base year and round to the nearest percent.2. Compute the rate of return on net sales for2014 through 2016. Explain what this means.3. Compute asset turnover for 2014 through2016. Explain what this means.4. Use DuPont Analysis to compute rate ofreturn on average total assets? (ROA) for 2014 through 2016.5. How does AccurateShipping's return on netsales for 2016 compare with previous? years? How does it comparewith that of the? industry? In the shipping?industry, rates above?9% are considered? good, and rates above? 11% are outstanding.6. Evaluate Accurate ?Shipping, Inc.'s ROA for2016?, compared with previous years and against an? 18% benchmarkfor the industry.Information to fill in(In thousands) 2016 2015 2014 20132012Net Sales.......................................$ 1,000$ 920 $492 $308 $306Net income................................. 41 34 1139 24Total assets................................. 300 266262 230 208Requirement 1. Compute trend percentages foreach item for 2013 through 2016. Use 2012as the base year and round to the nearest percent.Accurate Shipping, Inc. - Trend Percentages20162015201420132012Net sales. . . . . . . . . . . . . . .%%%%100%Net income. . . . . . . . . . . .%%%%100%Total assets. . . . . . . . . . . . .%%%%100%Requirement 2. Compute the rate of return onnet sales for20142014through20162016.Explain what this means.Begin by selecting the rate of return on net sales? (return on?sales) formula and then enter the amounts to calculate thepercentages. ?(Enter amounts in thousands as provided to you in theproblem statement. Enter? "0" for zero amounts and enter the returnon sales amounts as percentages rounded to? one-tenth percent,?X.X%.)(-) /=Return on sales2014(-) /=%2015(-) /=%2016(-) /=%Explain what this means.Return on sales measures?the ability to collect cash from credit customers.the amount of net income for each dollar of net sales.the amount of net sales per dollar invested in assets.the percentage of a stock's market value returned as dividendsto stockholders.Requirement 3. Compute asset turnover for20142014through20162016.Explain what this means.Begin by selecting the asset turnover formula and then enter theamounts to calculate the ratios. ?(Enter amounts in thousands asprovided to you in the problem statement. Do not round until yourfinal? answer, then enter the asset turnover amounts rounded tothree decimal? places, .XXX.)/=Asset turnover2014/=2015/=2016/=Explain what this means.Asset turnover means?the ability to collect cash from credit customers.the amount of net income for each dollar of net sales.the amount of net sales per dollar invested in assets.the percentage of a stock's market value returned as dividendsto stockholders.Requirement 4. Use DuPont Analysis to computerate of return on average total assets? (ROA) for20142014through20162016.Begin by selecting the ROA formula using the DuPont analysis andthen enter the amounts to calculate the ratio. ?(Enter percentagesrounded to? one-tenth percent,? X.X%. Enter other component ratiosas decimals to three? places, .XXX.)x=ROA2014%x=%2015%x=%2016%x=%Requirement 5. How does Accurate Shipping'sreturn on net sales for 2016 compare with previous? years? How doesit compare with that of the? industry? In the shipping? industry,rates above? 9% are considered? good, and rates above? 11% areoutstanding.Accurate ?Shipping's rate of return on net sales for 2016compares ?( unfavorably, favorably) with the industry rate of? 9%.It's 2016 rate of return on net sales has ? (improved,deteriorated)from 2015 and (improved,deteriorated) from 2014.Requirement 6. Evaluate Accurate ?Shipping,Inc.'s ROA for 2016?, compared with previous years and against an?18% benchmark for the industry. Accurate Shipping's return onassets? (ROA) for 2016 compares ? (unfavorably, favorably) withthe? 18% benchmark for the industry.? It's 2016 ROA has ?(deteriorated, improved) from 2015 and ? (improved,deteriorated)from 2014.

Accurate Shipping, Inc. - Trend Percentages
	2016		2015		2014		2013		2012
Net sales. . . . . . . . . . . . . . .		%		%		%		%	100	%
Net income. . . . . . . . . . . .		%		%		%		%	100	%
Total assets. . . . . . . . . . . . .		%		%		%		%	100	%